Allocations
Alternative investment advisory firm AlphaCore Capital has doubled its assets under administration to approximately USD205 million following the acquisition of a San Diego-based registered investment adviser and the addition of five new team members.
The firm's expansion will double assets under advisement, with approximately USD205 million as of year-end, after launching less than 24 months ago.
The firm has used alternative investments as the central theme in well-balanced portfolios. The recent expansion will increase the firm's capacity to serve the increasing number of investors and advisers who are turning to alternative investments as a core part of their investment
Moore Management has assisted Bank Saint Petersburg (BSPB) with the launch of its first private equity fund structure, BSPB Capital VPF.
One of the largest Russian regional banks, BSPB has key operations in Saint Petersburg, Leningrad Region, Moscow and Kaliningrad and is one of the top 20 Russian banks.
The fund will focus on private equity investments aimed at high growth technology companies across Russia and the wider globe. The fund is the first investment structure launched by BSPB and plans to raise between USD30 million and USD70 million, with the investor base consisting primarily of BSPB’s own capital
Directed Capital, a distressed asset workout specialist firm that acquires, manages and resolves distressed commercial mortgage loans, has closed its seventh fund at USD77 million, its highest-grossing fund to date.
Additionally, the firm has announced a USD40 million increase in the firm’s revolving credit facility from Goldman Sachs Bank USA from USD60 million to USD100 million.
The fund already has acquired more than USD180 million in assets, and quarterly distributions to investors began in the first quarter of 2016.
Since 2001, Directed Capital has sponsored seven funds, raising more than USD200 million in equity and acquiring more than
Northleaf Capital Partners has held the final closing for its second OECD-focused pooled infrastructure fund, Northleaf Infrastructure Capital Partners II (NICP II), at its USD950 million hard cap.
Northleaf’s USD2.5 billion infrastructure programme is focused on direct, long-term investments in OECD countries, providing investors with stable, consistent cash flow from assets that deliver essential services.
“We are delighted that NICP II was oversubscribed, with strong support from both new and existing investors,” says Stuart Waugh, managing partner of Northleaf. “Our successful track record and consistent focus on conservatively-positioned small to mid-sized infrastructure assets in developed markets clearly resonates with
Shareholders in the Standard Life European Private Equity Trust have approved plans to increase the dividend, simplify the fee structure and increase the flexibility of the investment strategy to enhance its overall exposure to private equity.
Reflecting the strategic changes, the trust is removing the reference to “European”, simplifying its name to the Standard Life Private Equity Trust (SLPE.L).
The evolution of the strategy will enable the manager to invest in the leading private equity buyout funds regardless of size and with additional geographic freedom.
Roger Pim, deputy head of SL Capital Partners, says: “We believe that the
Cobepa has acquired Brandblock Holding (HG) from Gilde Buy-out Partners.
HG is a supplier of specialty consumer cleaning and maintenance products with headquarters in The Netherlands and growing sales in the UK, Germany, Spain, France and Italy.
Baird served as the exclusive financial adviser to Gilde in the transaction with Terry Huffine and Rob Rosenfeld leading the deal team.
This deal marks Baird’s sixth consumer sell-side transaction with a European buyer or seller in the past 12 months.
There is continued confidence in the venture capital trust (VCT) sector with fundraising for the 2016/17 tax year to 31 December 2016 up 53 per cent on fundraising to 31 December in the 2015/16 tax year, according to data published by the Association of Investment Companies (AIC).
Some GBP169.5 million was raised at 31 December 2016 compared to GBP110.8 million at 31 December 2015.
The increased level of fundraising reflects early VCT offers being launched in the 2016/17 tax year, continuing demand for VCT offers that were open up to the end of 2016 and strong support for VCT dividend
Angeles Equity Partners has closed Angeles Equity Partners I (AEP I) with USD360 million in capital commitments.
The commitments came from a diverse group of institutional investors, including public and private pension plans, endowments, foundations, a sovereign wealth fund, and alternative asset managers in North America, Europe, and the Middle East.
AEP I is the firm’s first private equity fund and was substantially oversubscribed, exceeding its target of USD300 million.
Angeles Equity Partners is led by co-founders Timothy Meyer and Jordan Katz, who have invested together for over a decade and created value helping companies achieve their full
Partners Group, the global private markets investment manager, acting on behalf of its clients, and the Public Sector Pension Investment Board (PSP Investments), one of Canada's largest pension investment managers, have agreed to acquire European medical laboratory services operator, Cerba HealthCare.
The company is being acquired from PAI Partners, a European private equity firm, and the company's clinical pathologists and managers.
Founded in 1967 and headquartered in Paris, France, Cerba is an operator of clinical pathology laboratories, with a number one position in France and strong market positions in Belgium and Luxembourg. The majority of Cerba's revenues are generated
Between July and December 2016, Platina Energy Partners successfully restructured with Unicredit (London Branch) circa EUR100 million of non-recourse long-term financing, originally used to finance a 20 MW photovoltaic portfolio, consisting of three operational projects located in mainland Spain.
The financial restructuring of the portfolio will allow the optimisation of the financing structure and improve cash flows.
"Platina is delighted to have closed this debt restructuring with Unicredit – London Branch,” says statement from the company. “Due to a number of changes in the laws affecting the PV sector in Spain, the financial health of these plants was seriously challenged and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
